INSURANCE

With the increasing prevalence of US buyers of UK businesses, and consequently more ‘US-style’ deals than ever, Simon Skinner and Richard Liu (Latham & Watkins) de-mystify what this means and explain the key differences in US market practice for M&A tax protections.

Dr Michael Taylor

Dr Michael Taylor (PwC) considers whether Henderson LJ’s judgment in WTGIL could bring all sorts of intermediary services back within the scope of the VAT insurance exemption.

Mike Lane

Zoe Andrews

The application of Ramsay in a recent case and HMRC’s revised guidance on salaried members are among the topics covered in this month’s review by Mike Lane and Zoe Andrews (Slaughter and May).

Goodwill amortisation: continuity of business defeats relief

Nitrous oxide is not food: In Telamara Ltd v HMRC [2025] UKFTT 1123 (TC) (22 September), the question was: ‘is nitrous oxide food?’ for VAT purposes. The taxpayer supplied metal chargers containing nitrous oxide designed for use in machinery for...

Court of Appeal rules on scope of VAT exemption for insurance intermediary services

VAT recovery in the insurance sector

Nicholas Gardner

Shayaan Zaraq Bari

Shayaan Zaraq Bari and Nicholas Gardner (Ashurst) explain how combining W&I insurance with other tools may help bridge any gaps in tax risk coverage and maximise protection for buyers.

Julian Feiner

W&I and specific tax risk insurance has proliferated and tax claims are emerging. Julian Feiner (DAC Beachcroft) explains the unique framework for claims.

Mike Lane

Zoe Andrews

It is full steam ahead for implementation of the global minimum tax in the UK and the EU, report Mike Lane and Zoe Andrews (Slaughter and May).

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